Which of the Following Activities Would Most Appropriately Be Recorded

question 22

Multiple Choice

Which of the following activities would most appropriately be recorded by a custodial fund?

• A) Donations collected for improvements to the public library.
• B) Deposits held for customers of a municipal-owned electric utility.
• C) Taxes collected by a county government on behalf of cities within the county.
• D) Assets held for college scholarships to be awarded to the children of police officers.

---

Definitions:

People

Human beings collectively, often referred to in the context of society, communities, or demographics.

Planet

A celestial body orbiting a star or stellar remnant that is massive enough to be rounded by its own gravity, not massive enough to cause thermonuclear fusion, and has cleared its neighboring region of planetesimals.

Subsidies

Financial support provided by the government to assist industries, businesses, or individuals, often used to stabilize prices, encourage development, or ensure supply.

Pollution Control Equipment

Devices or systems used to reduce or eliminate the release of pollutants into the environment, including air, water, and soil.